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Oct 30, 2012
10/12
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let's bring in our traders, mike, jim, jon najarian standing by. you'retraders. when do you step in tomorrow and make your first trade? >> right with the opening prints. i think. i was watching apple trading in frankford, melissa. everybody was ringing their hands about how bad this could possibly be for apple. the way i look at it the stock was either up or down 50 cents. 50 cents after all that shakeup. after people sort of digested what was happening. being forced out. ascending to the number two spot really at apple. i think there will be great opportunities. i afree with david lutz. volumes will be lighter than normal expiration but there's a lot of pent up trading in ford, in apple. in the likes of facebook and so forth. i do think we'll actually see a fairly robust day. i don't think it will be like the day after thanks giing sort of volume. i think it will be more or less like a normal day, not a normal month end. >> michael, the other thing happening this week, we lost a couple of days in trading. for people who might have weekly options an apple is a ve
let's bring in our traders, mike, jim, jon najarian standing by. you'retraders. when do you step in tomorrow and make your first trade? >> right with the opening prints. i think. i was watching apple trading in frankford, melissa. everybody was ringing their hands about how bad this could possibly be for apple. the way i look at it the stock was either up or down 50 cents. 50 cents after all that shakeup. after people sort of digested what was happening. being forced out. ascending to the...
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Oct 31, 2012
10/12
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joining us jim bianco, president of bianco research. okay, let me ask you this before we get into the actual market and direction of stocks, jim. this hurricane sandy point out as many have said how ill-prepared the exchanges are for an event like this? >> yes, it does. the --. cheryl: looks like we lost jim's camera. ashley: there you go. cheryl: even chicago where you don't have --. ashley: did agree with our point. short but sweet. cheryl: we're looking at breaking news, ashley. want to pull up shares of proctor & gamble right now. looks like one of their plants, one their chemical plants in central new jersey is currently without power. expected to be up and running by tomorrow but a company spokesman telling our partners over at dow jones the facility in new jersey. according to a spokesman, from jeff leroy at the company. we'll continue to monitor that as well. ashley: let's go back to jim bianco who had a very short and sweet answer were the ex-changes ill-prepared for hurricane sandy and first thing you said and only thing you s
joining us jim bianco, president of bianco research. okay, let me ask you this before we get into the actual market and direction of stocks, jim. this hurricane sandy point out as many have said how ill-prepared the exchanges are for an event like this? >> yes, it does. the --. cheryl: looks like we lost jim's camera. ashley: there you go. cheryl: even chicago where you don't have --. ashley: did agree with our point. short but sweet. cheryl: we're looking at breaking news, ashley. want...
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Oct 29, 2012
10/12
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good-bye, jim. >> jim sinegal joining us from seattle. you see the president is going to make a statement on hurricane sandy at 12:45 eastern. >> i got lucky, carl. i do my costco quarterly shop. >> quarterly? >> i do it quarterly. where i just go -- this -- you get the vehicle that has got some room. you know what? i just went for all those things. i have a stack of waters that is this high. so costco is my place to get stuff. it looks like it is again. >> we'll see how it opens later in the week if we get there. >>> meantime we are tracking hurricane sandy as it bears town on the east coast. we'll get you the latest on the path, which areas will be hit hardest when we come right back. >>> wall street bracing for hurricane sanidy to barrel through the heart of the country's financial center. lower manhattan experiencing some flooding during high tide this morning. and then just moments ago, the governor of new york, andrew cuomo, announcing tunnels will close at 2:00 p.m. today. bridges will remain open for now. that could change as wind
good-bye, jim. >> jim sinegal joining us from seattle. you see the president is going to make a statement on hurricane sandy at 12:45 eastern. >> i got lucky, carl. i do my costco quarterly shop. >> quarterly? >> i do it quarterly. where i just go -- this -- you get the vehicle that has got some room. you know what? i just went for all those things. i have a stack of waters that is this high. so costco is my place to get stuff. it looks like it is again. >> we'll...
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Oct 30, 2012
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, jim? >> good. how are you? your stock is hot. regularly it's a lot of things going right. some of your competitors falling off the radar screen. but this is a kind of business right now that you're in where i know you'll have to throw away a lot of goods because you can't keep perishables. you are obviously responsible operators so what happens? you have insurance able to make up that difference or is this the type of thing kroeger is cutting numbers because of sandy? >> well, as i said in the big supermarkets where most of those perishables are, we've been fortunate that only one store in have virginia lost power. our insurance program is we have a $5 million retention for product, the product side of our property program, so that's very minimal. $5 million is about a half a penny a share. so anything that we would have to absorb would be very minimal. >> we close our quarter actually ends this saturday. so any effect will be in the quarter. but at this point it appears to be very, very m
, jim? >> good. how are you? your stock is hot. regularly it's a lot of things going right. some of your competitors falling off the radar screen. but this is a kind of business right now that you're in where i know you'll have to throw away a lot of goods because you can't keep perishables. you are obviously responsible operators so what happens? you have insurance able to make up that difference or is this the type of thing kroeger is cutting numbers because of sandy? >> well, as...
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Oct 30, 2012
10/12
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good evening jim. >> the stock futures are looking up. europe is good. we have very good numbers from bp and we have good insurance numbers. in our country ford 40 cents i was only looking for 30 cents. the bed spring maker, look for that stock decline. kroger spoke with the cfo this morning when i was talking with squawk on the street and it looks like they had a good month of october. take a hard look at the union pacific csx cold plays because i think that is a safer way to play coal. we talked earlier in the show about the coal chart and how they looked better than expected back to you. >> well, you thought sandy was done with. it has turned into a blizzard in west virginia. we have dispatched janell klein in snowshoe, west virginia. >> reporter: hurricane sandy has dumped two feet of wet heavy snow. 26 inches in red house, maryland with a state weigwide blizzard warning. closing schools in 39 counties and leaving more than 300 people in the dark tonight. the blizzard has closed 45 miles of a major interstate between the border of west virginia and p
good evening jim. >> the stock futures are looking up. europe is good. we have very good numbers from bp and we have good insurance numbers. in our country ford 40 cents i was only looking for 30 cents. the bed spring maker, look for that stock decline. kroger spoke with the cfo this morning when i was talking with squawk on the street and it looks like they had a good month of october. take a hard look at the union pacific csx cold plays because i think that is a safer way to play coal....
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Oct 30, 2012
10/12
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good morning, jim. >> good morning, rob and paula. well, the worst looks like it is over here. sandy will slowly weaken as we head forward. a look at radar imagery, the northeast and mid-atlantic. >> okay. technical difficulty there. we apologize for that too. the question we were talking about earlier, the brunt of the storm is over. at issue, back surge, we are talking about, of course, high tide, as well, in a few hours this morning. >> i was talking with our meteorologist ginger zee. i said is it over? what more can we expect? she says there will be a back surge. with the back surge, you might expect higher wind. we don't know to anticipate more flooding, probably going to come when the sunrises. when the sun rises that's when we'll see the aftermath of the extent of the storm. sam champion our weather editor said, quote, this is the scenario everyone feared when making disaster plans. >> that's why, nickname it the perfect storms. so many dangerous factors collided and now we are seeing the aftermath of that. speak of aftermath, at least one of the nine nuclear plants in s
good morning, jim. >> good morning, rob and paula. well, the worst looks like it is over here. sandy will slowly weaken as we head forward. a look at radar imagery, the northeast and mid-atlantic. >> okay. technical difficulty there. we apologize for that too. the question we were talking about earlier, the brunt of the storm is over. at issue, back surge, we are talking about, of course, high tide, as well, in a few hours this morning. >> i was talking with our meteorologist...
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Oct 31, 2012
10/12
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you seeing, jim? >> the campaign said the gop nominee wants to strike a positive tone today, but the brief pause appears to be passing. one flash for the remaining six days of this campaign is a radio ad in the state of ohio, one the vice president calls a outrageous lie. >> at his first rally in the after math of sandy, he steered clear of any direct attacks on the president. >>> now people coming together is what's also going to happen i believe on november 7th. >> then he made a segues. >> i don't just talk about change, i have a plan to execute change and to make it happen. >> reporter: for romney, it's a delicate balancing act. he tours after praising the administrations response. in a three stop swing through florida, romney had other big supporters at his side. including jeb bush who talked about the president's handling. >> my response is that it's the local and the state level that really matter. . that if they do their job right, the federal government part works out good. >> with less than
you seeing, jim? >> the campaign said the gop nominee wants to strike a positive tone today, but the brief pause appears to be passing. one flash for the remaining six days of this campaign is a radio ad in the state of ohio, one the vice president calls a outrageous lie. >> at his first rally in the after math of sandy, he steered clear of any direct attacks on the president. >>> now people coming together is what's also going to happen i believe on november 7th. >>...
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Oct 31, 2012
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i'm jim cramer. see you tomorrow. hey, larry, what are you looking at tonight? >> thanks, jimmy. superstorm sandy is winding down, but the effects linger. i'm larry kudlow, this is a special edition of "the kudlow report." sandy, the road to recovery. >> while sandy is almost gone, she's not forgotten, as the east coast starts the healing process. >> in sandy's wake, towns destroyed. homes under water. millions without power. but today, wall street is back to business, and the pivotal election is just days away. tonight, cnbc assesses the damage and looks ahead to rebuilding. sandy, road to recovery, a special edition of "the kudlow report." >>> here's what we know two days after the killer storm called sandy hit the northeast. u.s. death toll is now at least 64. a second new york city hospital, bellevue, has been evacuated because of power and flooding issues. >> lower manhattan still a crippled zone. the markets were able to open today, but there's still flooding damage down there and also very dark streets. >> so in the metropolitan area, the recovery is a struggle. the availa
i'm jim cramer. see you tomorrow. hey, larry, what are you looking at tonight? >> thanks, jimmy. superstorm sandy is winding down, but the effects linger. i'm larry kudlow, this is a special edition of "the kudlow report." sandy, the road to recovery. >> while sandy is almost gone, she's not forgotten, as the east coast starts the healing process. >> in sandy's wake, towns destroyed. homes under water. millions without power. but today, wall street is back to...
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Oct 27, 2012
10/12
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unless you went through slavery and went through jim crow, i do not want to hear victims bullying the rest of america. this is what has happened. whether it's the jersey girls or the spokesman for the disabled, it's not the disabled, it's the self-appointed spokesman word police, the feminists on this word or that word, the gays on oh, you can't say that's so gay now. >> you know that it would get you into serious trouble -- >> no, i would never use it. >> you know it's deeply offensive. >> you are doing, you're so upset what sununu did to colin powell. you're trying to read my mind. no, you're wrong. i wouldn't use the "n" word because it's a curse word. >> will you continue using the retard word? >> yes. of course. i've done it since that tweet. >> disabled people -- >> i'm sure they were following my twitter feed. this has nothing to do with disabled people. it was about the president. they have injected themselves into a tweet they have nothing to do with. i would think maybe biden should be upset by me calling the president a retard but not an actually disabled person. >> let's t
unless you went through slavery and went through jim crow, i do not want to hear victims bullying the rest of america. this is what has happened. whether it's the jersey girls or the spokesman for the disabled, it's not the disabled, it's the self-appointed spokesman word police, the feminists on this word or that word, the gays on oh, you can't say that's so gay now. >> you know that it would get you into serious trouble -- >> no, i would never use it. >> you know it's deeply...
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Oct 31, 2012
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jim axelrod is in lower manhattan. jim, good morning. >> reporter: good morning. the sea water that came over that wall and flowed into the underground power stations and subway stations has crippled lower manhattan. and new york city transit officials say this is the biggest disaster to ever hit the transit system. superstorm sandy may have moved on but parts of new york city remain paralyzed in her wake. >> restoring power and mass transit remain the two biggest challenges in the days ahead. that recovery is a mammoth job. >> it's the worst thing that happened to this city certainly since 9/11. >> reporter: new york city subway system which averages more than 5 million commuters per work day is closed indefinitely because all seven subway tunnels linking manhattan to brooklyn and queens are flooded. at some stations near battery park where monday's surge of sea water hit hardest stairwells looked more like swimming pools. >> there was no way to prepare that would have kept the water out. >> reporter: officials say sandy is the biggest disaster to ever hit the ne
jim axelrod is in lower manhattan. jim, good morning. >> reporter: good morning. the sea water that came over that wall and flowed into the underground power stations and subway stations has crippled lower manhattan. and new york city transit officials say this is the biggest disaster to ever hit the transit system. superstorm sandy may have moved on but parts of new york city remain paralyzed in her wake. >> restoring power and mass transit remain the two biggest challenges in the...
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Oct 31, 2012
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>> bret: jim, thanks. still ahead -- look at some of the big-time gaffes made by the vice president in recent days that have gone under the radar. first, transportation woes continue in the wake of sandy. ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. [ male announcer ] it's time for medicare open enrollment. are you ready? time to compare plans and see what's new. you don't have to make changes, but it's good to look. maybe you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ medicare open enrollment. now's the time. visit medicare.gov or call 1-800-medicare. ♪ de and ♪it medicare.gov or call 1-800-medicare. ♪ you can help others along the way. ♪ ♪ a portion of every bottle
>> bret: jim, thanks. still ahead -- look at some of the big-time gaffes made by the vice president in recent days that have gone under the radar. first, transportation woes continue in the wake of sandy. ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg...
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Oct 31, 2012
10/12
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jim referenced ubs. that was enormous news we got. there was reporting about 10,000 people buying ubs. more importantly, the effect of shuttering of their fixed income business. they are keeping small parts of what is fixed income unit within the investment bank. ubs making a decision to get out of the fixed income business. we have talked often here at this very desk, jim, about the lack of profitability any longer and fixed income businesses for so much of wall street given not just dodd-frank but the capital free rule. they have taken r.o.e. down for these businesses. i wonder whether this move by ubs to say that we're done, we're out, is going to potentially give others at least a thought that perhaps we might consider that road when you look at ubs stock price trading up the last couple days up 12% all in both before and we knew this announcement was coming and after the announcement. does barclays say why are we in this business? >> after that quarter don't you think they should? >> when they have a big wealth management busines
jim referenced ubs. that was enormous news we got. there was reporting about 10,000 people buying ubs. more importantly, the effect of shuttering of their fixed income business. they are keeping small parts of what is fixed income unit within the investment bank. ubs making a decision to get out of the fixed income business. we have talked often here at this very desk, jim, about the lack of profitability any longer and fixed income businesses for so much of wall street given not just...
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Nov 2, 2012
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i agree with jim up until his last few sentences. if there's anybody making their vote decision based on today's jobs report i urge them to reconsider their strategy because first of all the expectations are for basically steady as she goes and secondly, anything that's a big outlier, an upside surprise, downside surprise is by definition an outlier that will likely be revised away. debris with jim, i don't believe it's going to be that big a deal in shaping at all in shaping votes. >> jared we have a mayor that decided that he changed his at least decided his endorsement based on sandy, remember the first promise president obama made, too. >> i thought that was interesting. >> he said i'm going to heal the planet and lower the rise of the oceans, remember, in nt from of the pillars in germany. i guess we're back to thinking he can do that again. we have a mayor people hold up as a paragon of -- >> let me say where i disagree with jim. i don't think folks are looking at this economy and saying oh, the level of unemployment or the lev
i agree with jim up until his last few sentences. if there's anybody making their vote decision based on today's jobs report i urge them to reconsider their strategy because first of all the expectations are for basically steady as she goes and secondly, anything that's a big outlier, an upside surprise, downside surprise is by definition an outlier that will likely be revised away. debris with jim, i don't believe it's going to be that big a deal in shaping at all in shaping votes. >>...
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Oct 30, 2012
10/12
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firefighters told me they have to wait until it trips a fuse inside the transformer itself before, sorry, jim, before, you know, they can do anything so they're just monitoring it. those people are so thankful to have gotten out okay. the house itself is not on fire but those embers creeping ever closer to homes nearby and a lot of people had cars on the street. one person told me a car is underneath a tree but they did get people to get their cars off the street so, "a," they could get the fire trucks in and "b," it wouldn't spread to their vehicles sea an active scene in teaneck. >> that was pat battle in teaneck, new jersey. i'm being handed new information about power outages, the latest number, 7.1 million people and just to give you an idea of the extent of it, throw out a few more numbers, con edison, which covers new york city and west chester county, 634,000 plus and on long island, we were telling you, for example, on fire island there are home as long the waterfront, at least seven of them, we believe, that went into the water. 844,000, almost 845,000 customers without power on lon
firefighters told me they have to wait until it trips a fuse inside the transformer itself before, sorry, jim, before, you know, they can do anything so they're just monitoring it. those people are so thankful to have gotten out okay. the house itself is not on fire but those embers creeping ever closer to homes nearby and a lot of people had cars on the street. one person told me a car is underneath a tree but they did get people to get their cars off the street so, "a," they could...
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on the right there, coach jim harbaugh and quarterback alex smith were driving today. harbaugh for bell. are the 49ers had a bye this week so they were enjoying the festivities. sutoff surprise from the warriors. they gave city curry a four year $44 million contract extension on the eve of the team season hoper in phoenix. end a midnight deadline. one of golden state's best players who averaged 17 points a game when healthy. that is the question. the ankle has been a problem. he missed 40 out of 66 games last year. an expensive gamble for the warriors. they are expecting he will be okay. late word in that the center with make his warriors debut tonight in phoenix. abc 7 sports brought to you by mercedes. >> thanks, larry. >> if you missed our coverage of of the parade perhaps you there were in person. we will rebroadcast in its entirety on digital 7.2 and 7.3. comcast channels 195 and 715. >> starts in just a few minutes at 7:00. if you don't have time to watch the whole thing, take a look. 22 second time lapse version. thank you so much for watching. we appreciate you
on the right there, coach jim harbaugh and quarterback alex smith were driving today. harbaugh for bell. are the 49ers had a bye this week so they were enjoying the festivities. sutoff surprise from the warriors. they gave city curry a four year $44 million contract extension on the eve of the team season hoper in phoenix. end a midnight deadline. one of golden state's best players who averaged 17 points a game when healthy. that is the question. the ankle has been a problem. he missed 40 out...
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Oct 30, 2012
10/12
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jim axelrod is at battery park in lower manhattan which was inundated with water. good morning. >> reporter: when i spoke to police commissioner ray kelly here yesterday, i asked him what his biggest concern was about the approaching storm. he didn't hesitate. blackouts, he said. that's exactly what new yor this morning. super storm sandy made landfall late monday. a wet and windy nightmare. >> we knew this was going to be a great, dangerous storm. the storm met our expectations. >> reporter: sandy exceeded them. around 9:00 p.m. the storm produced a record surge at battery park in manhattan. 13.88 feet. breaching the sea wall and flooding the area. manhattan's waterfront seemed to disappear as the surge rushed over the wall. >> unknown. storm of the century. >> reporter: roads and cars were quickly covered. ground zero was engulfed. across the harbor in brooklyn, there was so much flooding around coney island that emergency responders couldn't reach the area. corrosive sea water headed underground into new york city subway and commuter tunnels. to prevent further
jim axelrod is at battery park in lower manhattan which was inundated with water. good morning. >> reporter: when i spoke to police commissioner ray kelly here yesterday, i asked him what his biggest concern was about the approaching storm. he didn't hesitate. blackouts, he said. that's exactly what new yor this morning. super storm sandy made landfall late monday. a wet and windy nightmare. >> we knew this was going to be a great, dangerous storm. the storm met our expectations....
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Oct 30, 2012
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. >> jim cramer remark this morning these 100-year storms is happening every few years. certainly there is a need for that dunk, you will come on and update us as needed? >> i will and i will be in very early tomorrow morning, so bob, if you're there happy to sit with you guys tomorrow and then we will have a very good lay of the land early tomorrow morning. >> good luck, duncan, hope it goes smoothly. best of luck. >> see you tomorrow. >> see you, guys. >> an interesting halloween morning, won't it? >> as you say, it is important for them to open on this, the last day of the month, for a variety of reasons. >> yeah the important thing is there are a lot of people who have, their p and l statement, report to their investors on a monthly base is and tomorrow is the last day of the month, some people want the opportunity, traders, to sell losers, buy winners or whatever trading strategy they want to do the final day call it window dressing on some cases, whatever you want to say and some people, too, it is even the end of the year for some funds and even more important. >>
. >> jim cramer remark this morning these 100-year storms is happening every few years. certainly there is a need for that dunk, you will come on and update us as needed? >> i will and i will be in very early tomorrow morning, so bob, if you're there happy to sit with you guys tomorrow and then we will have a very good lay of the land early tomorrow morning. >> good luck, duncan, hope it goes smoothly. best of luck. >> see you tomorrow. >> see you, guys. >>...
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Oct 31, 2012
10/12
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jim axelrod is in lower manhattan with that part of the story. jim, what can you tell us? >> reporter: good morning. a million customers are still without power in the new york metropolitan area. power is not expected to be back on until this weekend at the earliest. bus service has resumed in new york city, although subways will be out of service for several days, at least. we have some dramatic video we want to show you of rescues from rooftops in staten island. five adults and a child in total rescued by new york police department helicopters. they were trapped in their homes, made it to rooftops. the rescues carried out by nypd's helicopter 23, which was named after the 23 nypd officers killed on 9/11. of course, this is the biggest challenge the city has faced since 9/11. for as many dramatic pictures as we've been showing you the last couple of days, we have more mundane but just as meaningful picture for folks that are interested in at least some small steps to getting back to normal, pictures of the ferry service resuming from new jersey to this ferry station in lo
jim axelrod is in lower manhattan with that part of the story. jim, what can you tell us? >> reporter: good morning. a million customers are still without power in the new york metropolitan area. power is not expected to be back on until this weekend at the earliest. bus service has resumed in new york city, although subways will be out of service for several days, at least. we have some dramatic video we want to show you of rescues from rooftops in staten island. five adults and a child...
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Oct 31, 2012
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and jim, follow up with you. ohio, the nbc poll has shown five points. and now we have a quinnipiac poll out today showing the president up by five points, at 50%. and if you go into the internals, it seems to me, at least, devastating for mitt romney if this poll is to be believed that, like, 52% of people in ohio think the economy is getting better. only 17% think it is getting worse. i don't know how mitt romney overcomes that in six days. >> reporter: look, you were talking earlier, and i'm with you, there's two ways of looking at this election. you look at it in feel and the intangibles and by the numbers. when you look at just the state of ohio, this is a case where the intangibles, the numbers and the body language from the romney campaign all seems to point to obama is ahead. you can dispute five points. but you don't put up that ad that the romney phones are putting up and trying to pit this argument now if you believe you're ahead in ohio or on your way to being ahead, right? why would you want this to be the final issue felt? you had to flow s
and jim, follow up with you. ohio, the nbc poll has shown five points. and now we have a quinnipiac poll out today showing the president up by five points, at 50%. and if you go into the internals, it seems to me, at least, devastating for mitt romney if this poll is to be believed that, like, 52% of people in ohio think the economy is getting better. only 17% think it is getting worse. i don't know how mitt romney overcomes that in six days. >> reporter: look, you were talking earlier,...
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Oct 30, 2012
10/12
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they really just have to wait until it trips a fuse inside the transformer, itself, before, sorry, jim, before, you know, they can do anything, so right now they're just monitoring it. those people are so thankful to have gotten out okay. the house, itself, is not on fire. again, but those embers creeps ever closer to properties nearby. tea neck firefighters keeping a good look at this and also i want to show you a lot of people had cars on the street. one gentleman told me his car is underneath a tree there. they did get people -- people get their cars off the street so, "a" they could get the fire trucks in there and "b" the fire wouldn't spread to any of their vehicles. just a very active scene in tea neck tonight. >> that fire burned almost three hours. pse&g, power officials, had to wait essentially for it to burn out. also earlier tonight, newark mayor cory booker talked with msnbc's rachel maddow about evacuation s aheaddeadly storm. >> we tried to convince an elderly woman to leave, she was in a wheelchair. she refused to go. the neighbor who was going to go looked at the woman
they really just have to wait until it trips a fuse inside the transformer, itself, before, sorry, jim, before, you know, they can do anything, so right now they're just monitoring it. those people are so thankful to have gotten out okay. the house, itself, is not on fire. again, but those embers creeps ever closer to properties nearby. tea neck firefighters keeping a good look at this and also i want to show you a lot of people had cars on the street. one gentleman told me his car is...
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Oct 31, 2012
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jim avila is in washington, reagan national airport. it's one of the airports that are trying to get back to normal. good morning, jim. >> reporter: good morning, george. look behind me. the planes are back. the smell of the jet fuel is here. the roar of the engines, back. all along the east coast, the airlines saying today is reboot day. the major exception, however, as you point out, laguardia airport. let's look at the pictures. laguardia from the air. you're seeing there's all kinds of problems there. it's right on the long island sound. it was overrun by the tidal waters. the runways and gates flooded. jfk, the other major airport in new york, is running. and some of the planes began to land there. but for laguardia, it will still be a few days away. the faa has to inspect the runways before they can reopen. that's the situation on the east coast for the airports, george. >> jim, thanks. >>> let's get back to josh, now, with the morning's other top stories. >> we're going to begin with the presidential race, now less than a week aw
jim avila is in washington, reagan national airport. it's one of the airports that are trying to get back to normal. good morning, jim. >> reporter: good morning, george. look behind me. the planes are back. the smell of the jet fuel is here. the roar of the engines, back. all along the east coast, the airlines saying today is reboot day. the major exception, however, as you point out, laguardia airport. let's look at the pictures. laguardia from the air. you're seeing there's all kinds...
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jim avila joins us from reagan national airport. good morning, jim. >> reporter: good morning, josh. passengers should consider this a no-fly zone. from washington, d.c. up to boston. it will be rare if a flight would take off. there's been some 6,000 flights canceled today. as we look at the board again today, this is the flight takeoff and arrival board. it looks like a cancellation board all the way through. that's the way it's going to be most of the day for most of the airports. there are no planes in place. and the faa website lists the four new york airports as closed today. here at washington, d.c., they say beginning this afternoon, some stragglers will begin to come in and begin to leave. but for the most part, not many planes will be taking off and leaving anywhere from washington, d.c. all the way up through boston. >> haunting scenes as so many of the airports. thank you for that, jim. >>> take a look as for ground transportation. an image capturing the moment a water began rushing into a commuter train station in new j
jim avila joins us from reagan national airport. good morning, jim. >> reporter: good morning, josh. passengers should consider this a no-fly zone. from washington, d.c. up to boston. it will be rare if a flight would take off. there's been some 6,000 flights canceled today. as we look at the board again today, this is the flight takeoff and arrival board. it looks like a cancellation board all the way through. that's the way it's going to be most of the day for most of the airports....
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. >> jim accosta is in cleveland, ohio, with the romney campaign, so, jim, we know that both of these men have canceled their events and from the romney folks' perspective, from their campaign, what was the thinking behind it? >> well, suzanne, i think when the president started containsing his events, it probably started to dawn on the romney campaign that it would be difficult to get out there and do a whole lot of campaigning in a time of national crisis. >> as you mentioned, the romney campaign did announce earlier today it is cancelling events for this evening and tomorrow. it is going to go ahead and carry through with an event set for davenport, iowa, later on this afternoon, and then that's it. suzanne, basically this campaign is in a holding pattern. it is in limbo until all of this passes. just so everybody knows, the governor is not going to be down for the next day and a half. they say don't describe it like that. the other thing we don't know where he will physically be. we assume at this point, suzanne, that they are work out those logistics. earlier today at an event ju
. >> jim accosta is in cleveland, ohio, with the romney campaign, so, jim, we know that both of these men have canceled their events and from the romney folks' perspective, from their campaign, what was the thinking behind it? >> well, suzanne, i think when the president started containsing his events, it probably started to dawn on the romney campaign that it would be difficult to get out there and do a whole lot of campaigning in a time of national crisis. >> as you...
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that's jim harbaugh driving the car and alex smith drove the car with matt caine. here is a lot of the talk this morning about romo. the closer and what he was wearing . coming up for you the statement he made that has some immigrant rights advocates applauding him. >>> on the website, you can see more video from the big celebration including some of the player interviews, just look for the video player right there on the front page. >> really lot of classy guys. they won that way and celebrated that way. >> yeah. >> it's a tough but great competition, the waiting game getting started for some of world's best surfers. >> and salmon crossing, what led to a unusual sight on the road. . >>> new video from washington state. that's wild salmon trying to swim upstream on a flooded road. they may have escape from an over flowing river. its been raining really hard. >> they have to check their gps. >> looks like the cold water classic in santa cruz will saturday in just a few minutes. the best surfers around the world will compete at the famous steamer lane including 11 ti
that's jim harbaugh driving the car and alex smith drove the car with matt caine. here is a lot of the talk this morning about romo. the closer and what he was wearing . coming up for you the statement he made that has some immigrant rights advocates applauding him. >>> on the website, you can see more video from the big celebration including some of the player interviews, just look for the video player right there on the front page. >> really lot of classy guys. they won that...
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jim cramer is the host of "mad money" on cnbc. he is at cnbc headquarters in new jersey this morning. jim, good to see you. >> good to see you. >> stock market closed for a second day. i assume you think that's a good call. >> this is one of those things where if you can't get to it, we still need humans, you think it's all by machines, it's not. this has only happened 1888. extremely unusual, but, yes, there will be no action today at all. >> as you mentioned, yes, you do need to have people physically there, but we do do a lot of trading electronically now. wasn't there also a concern that there might be some manipulation had the markets opened. >> there could be so few players that you could move stocks in one direction if you had a couple million dollars. what people don't recognize is even though we can trade machine to machine, if individuals aren't involved, there is a capability for true mayhem, and i think that was a great reason why there should be no trading today. >> we are hearing figures this morning, early estimates
jim cramer is the host of "mad money" on cnbc. he is at cnbc headquarters in new jersey this morning. jim, good to see you. >> good to see you. >> stock market closed for a second day. i assume you think that's a good call. >> this is one of those things where if you can't get to it, we still need humans, you think it's all by machines, it's not. this has only happened 1888. extremely unusual, but, yes, there will be no action today at all. >> as you mentioned,...
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plus or minus 30 cents when we get there. >> nice margins, was that a crack spread, jim? >> yes, what's so interesting, i tell you, joe. after that discussion, a lot of the refiners were coming out saying we can't do business in california. california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california must start to feel a little too much like europe. >> great, great, we are finding common ground. >> he had the ceo of eatono. preparing those transmission lines. >> the combination of cooper and eaton is really designed to make it so the transmission system worldwide is upgraded so that when you have 6 million to 8 million people without power, they can call him. >> tomorrow on "squawk box," one final employment report before the presidential election, one last read on job before america votes for its nec leader. we'll bring you the numbers and analysis from our annal of experts. it all starts tom
plus or minus 30 cents when we get there. >> nice margins, was that a crack spread, jim? >> yes, what's so interesting, i tell you, joe. after that discussion, a lot of the refiners were coming out saying we can't do business in california. california's been hijacked by academics environmentalists, all the refining cooperations in california have led to major declines for a lot of companies who said theyill doing very well. somebody said something about cap and trade, california...
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don't know who mcconnell who seemed to be the biggest enemy last time now realizes he can't beat the jim demint forces by being negative, he's got to get something done. he's not a right-winger. mcconnell's got to get in play and start being productive. it does take more than the president if he gets reelected. there has to be some good will and that's what i'm hoping coming out this week. a little sense we're all in this together against something we didn't bring about and neither side this bad weather. that's my hope. >> all right. >> that's a new definition of hope. >> that's a good hope to have. to tell you the truth. >> as it compared to four years ago. it makes sense, though. >> i don't think we have any choice moving forward. and we shouldn't -- politicians shouldn't do what they've been doing over the past four years. like chris said, if the president gets reelected, he's got to deal with the republicans, republicans have to deal with him. >> but -- that -- isn't that the one inevitability if he's reelected? that they will have -- >> no, sadly it's not. we've been talking about t
don't know who mcconnell who seemed to be the biggest enemy last time now realizes he can't beat the jim demint forces by being negative, he's got to get something done. he's not a right-winger. mcconnell's got to get in play and start being productive. it does take more than the president if he gets reelected. there has to be some good will and that's what i'm hoping coming out this week. a little sense we're all in this together against something we didn't bring about and neither side this...
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we'll be able to get to whatever sandy brings to us. >> we're glad to hear jim redick, director of emergency operation in norfolk this morning. right back to zorida a look at other stories making news. >> good morning. hurricane sandy is having an impact on the presidential race. with just eight days until election day, both romney and obama campaign have suspended e-mail fund-raising in some states in the storm's path. virginia, pennsylvania, new jersey, north carolina and the district of columbia. both candidates kansas selled campaign events scheduled for virginia. >>> president obama garnered the support of the blade in toledo ohio. pittsburgh post gazette and detroit free press. mitt romney was endorsed by the des moines register in des moines and the press enter vice in riverside, california. and it is a san francisco sweep. the giants beat detroit tiger last night to win the world series in four straight. game four went extra innings. san francisco winning. pablo san val was named the series' mvp. he says this years he year's giants were special. >> it's a team. i say thank you to my
we'll be able to get to whatever sandy brings to us. >> we're glad to hear jim redick, director of emergency operation in norfolk this morning. right back to zorida a look at other stories making news. >> good morning. hurricane sandy is having an impact on the presidential race. with just eight days until election day, both romney and obama campaign have suspended e-mail fund-raising in some states in the storm's path. virginia, pennsylvania, new jersey, north carolina and the...
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. >> reporter: as the campaign sets to resume full tomorrow, jim messina, president obama's campaign manager, has a video out today talking about the state of the race. talking about the advantage president obama has in all of those battleground states. the romney campaign scrambling to get facts and figures to counter that. it should be said and could be said, martha, when the campaign manager puts out a video this far into the race with an incumbent president should be able to cruise to victory they're worried about something. martha: these number you can go back and forth on battleground states and look at the tightening as you mentioned in several of them, john. thanks so much, we'll see you later. >> reporter: thank you. martha: florida is not the only state where governor romney is focusing hills efforts right now. why the republican nominee is expanding his campaign in these final days into traditionally democratic leaning states. what is the romney strategy right now and can it work? ronald reagan's former campaign manager ed rollins has some interesting insight on this. bill
. >> reporter: as the campaign sets to resume full tomorrow, jim messina, president obama's campaign manager, has a video out today talking about the state of the race. talking about the advantage president obama has in all of those battleground states. the romney campaign scrambling to get facts and figures to counter that. it should be said and could be said, martha, when the campaign manager puts out a video this far into the race with an incumbent president should be able to cruise to...
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through this, and, once again, i have had the good fortune of working closely with the fda team, and jim loda and his team has done magnificent service, and we thank them all very much. new yorkers have been great through this. we're going to need some patience and tolerance. traffic is very difficult for two reasons. we still have some pass that is are closed. we found tunnels still closed, et cetera. there's a high volume of traffic in the city itself. many of the traffic lights are still out, so there's a certain amount of confusion at the intersections in terms of power, restoration. we are working very hard, and that's a situation that will be developing on a day to day basis. conedison has been giving updates to the westchester companies on long island where we have probably the greatest challenge from a power point of view. we have at the new york state power authority, that is the upstate utility workers through the down state area. to help out may not, the island, and westchester. as of now we have 1,800 utility workers that are coming into the down state area as we speak. prima
through this, and, once again, i have had the good fortune of working closely with the fda team, and jim loda and his team has done magnificent service, and we thank them all very much. new yorkers have been great through this. we're going to need some patience and tolerance. traffic is very difficult for two reasons. we still have some pass that is are closed. we found tunnels still closed, et cetera. there's a high volume of traffic in the city itself. many of the traffic lights are still...
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jim, i need to give you a shout-out. you were right. you recommended that only a month ago and they bought it. >> september 18th. he spent 2.9 billion and it's more creative than i thought. the divisions that he runs of calvin klein, jeans and underwear, remarkable underperformer. it's a huge win. stock up gigantically. >> now they can wear a shirt. >> they have the whole top to bottom outfit. this is just a total win. you remember tommy hilfiger is why they had growth. starting to run out of growth. >> what's the vibe down there in terms of volume and a sense of being back in the building? i saw tweets and pictures of darkness around the new york stock exchange. >> it's tough to illustrate right here from here from our cameras because this building is the only building that is lit for a two or three-mile square radi radius. they loaded fuel trucks. 48 hours on a single truck of fuel. reloaded in necessary. you heard about connections that will affect internet trading. it will be interesting. when you trust the infrastructure as you tra
jim, i need to give you a shout-out. you were right. you recommended that only a month ago and they bought it. >> september 18th. he spent 2.9 billion and it's more creative than i thought. the divisions that he runs of calvin klein, jeans and underwear, remarkable underperformer. it's a huge win. stock up gigantically. >> now they can wear a shirt. >> they have the whole top to bottom outfit. this is just a total win. you remember tommy hilfiger is why they had growth....
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abc's jim avila went to a fire training center in virginia where they simulated a broken gas line and demonstrated how fast and hot a fire burns once it's lit. in a disaster zone, ignition sources they are everywhere. >> virtually anything can be ignition source, motors, fans, can ignite it. heat, the temperatures mean it's cherry red, an electric stove that's cherry red is hot enough to ignite the mixture. >> fire officials say that outside a gas leak requires a direct spark to ignite. but leaks inside a house can be explosive. look at that. so if you hear or smell gas, get out and call 911. we hear the reports about the towns where they're hearing the hissing. that is incredibly important advice. >> well, a lot of people are also trying to maintain some sort of normalcy, even though they don't have power, they may have a gas stove, they're trying to cook. all these things happening. >> be careful, folks, please. >>> contaminated water, that's another issue, right? another lingering danger of a storm like this. abc's medical editor, dr. richard besser sampled floodwaters in lower man
abc's jim avila went to a fire training center in virginia where they simulated a broken gas line and demonstrated how fast and hot a fire burns once it's lit. in a disaster zone, ignition sources they are everywhere. >> virtually anything can be ignition source, motors, fans, can ignite it. heat, the temperatures mean it's cherry red, an electric stove that's cherry red is hot enough to ignite the mixture. >> fire officials say that outside a gas leak requires a direct spark to...
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jim cramer said there's so much negativity even if cook promoted these guys you'd probably see the stock trade down. >> apparently ives and forstall would not sit in the same meeting room together. >> that's an issue. >> according to a story i saw in the "new york times" this morning he had been asked to sign the original letter that tim cook signed apologizing to everybody over maps and he refused to sign it and said this was, i don't want to say a temp nest a teapot but that was jamie dimon's issue but not worth apologizing for and now he doesn't have a job so he may wish he apologized. >>> we'll get the latest reading on home prices with the ca case-shiller report out at 9:00 a.m. eastern. the house postponed the release of the consumer confidence report until thursday. >>> ford released profits, ten cents above consensus. it reported record north american results with highest ever profits in that region. >>> we continue our coverage of hurricane sandy, and its effects on the markets. the weather channel's jen carfagno joins with us the storm's latest track. jen? >> andrew, good morni
jim cramer said there's so much negativity even if cook promoted these guys you'd probably see the stock trade down. >> apparently ives and forstall would not sit in the same meeting room together. >> that's an issue. >> according to a story i saw in the "new york times" this morning he had been asked to sign the original letter that tim cook signed apologizing to everybody over maps and he refused to sign it and said this was, i don't want to say a temp nest a...
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the candidates did not waste time getting in each other's faces. >> jim gray's ad about 50% to your tax bill, that's about what you'd be looking at. >> again, michelle doesn't say what she's for. she says what she's against. >> steve: congresswoman bachman is seeking her fourth term in the house of representatives. >> gretchen: everyone knows his name. ♪ -- lollipop. >> how does the song end? >> i don't know. it keeps going 'til one of us drops. ♪ . >> gretchen: sad news this morning, george went has been hospitalized after having chest pains. norm was supposed to play oscar madison in a chicago production of "the odd couple," but dropped out, but is expected to make a full recovery. >> eric: can you imagine the border patrol agent's reaction when they came across this? two would be smugglers attempt to go get into arizona in a road block, their jeep propped up on a makeshift ramp on this fence. it didn't get far u about the suspects did. they quickly escaped back into mexico. >> steve: she was just trying to save the ducks. instead a pennsylvania woman nearly drowned drowned an
the candidates did not waste time getting in each other's faces. >> jim gray's ad about 50% to your tax bill, that's about what you'd be looking at. >> again, michelle doesn't say what she's for. she says what she's against. >> steve: congresswoman bachman is seeking her fourth term in the house of representatives. >> gretchen: everyone knows his name. ♪ -- lollipop. >> how does the song end? >> i don't know. it keeps going 'til one of us drops. ♪ ....